Japanese investment company Metaplanet Inc. has entered the CoinShares Blockchain Global Equity Index (BLOCK Index), which tracks leading companies in the blockchain and cryptocurrency sectors. This marks Metaplanet's first inclusion in such an index, which will help strengthen its position on the international stage and attract investors.
The company claims that inclusion in the index will enhance shareholder value through bitcoin accumulation, reaffirming its status as a leading digital company in Japan.
The BLOCK Index is managed by CoinShares and includes 45 global leaders, such as MicroStrategy and Coinbase. Metaplanet's shares have changed slightly and are trading at 1,583 JPY (approximately 10.42 USD). This year, the company acquired 1,108 BTC for around 69 million dollars and implemented the "BTC Yield" metric to assess the impact of its bitcoin assets on stock value.